ETHEREUM TRADES BELOW $1,800 AS SELLERS MAINTAIN CONTROL
Ethereum is trading at $1,798.48, down 3.60% over the last 24 hours as weakness across the crypto market continues to pressure major assets.
ETH reached a 24-hour high of $1,893.07 before reversing lower and falling to a session low of $1,769.62 as traders reduced risk exposure.
Trading activity remains elevated with 580,522 ETH exchanged over the past 24 hours, generating approximately $1.07 billion in trading volume.
The decline follows broader market volatility that triggered liquidations across leveraged positions, contributing to increased selling pressure throughout the session.
Despite the correction, whale wallets continue monitoring key levels as investors look for signs of stabilization following the recent pullback.
Key Support: $1,770
Key Resistance: $1,850
A move above resistance could improve short-term sentiment, while a break below support may expose Ethereum to additional downside pressure.
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